So we just broke $1900 & gold stocks look as they wont do much...

So we just broke $1900 & gold stocks look as they wont do much again today.

Pretty simple you cant have gold at these prices & gold stocks continue to do nothing as much as it feels like thats what will happen, most are expecting gold to pull back & have kept away from buying gold stocks but gold continues to go higher & higher without taking GOLD stocks with it, even if we were to see a healthy $200 pull back in GOLD it only takes us to $1700 well above the $1000 level we broke a year or so ago.

High GOLD prices are here to stay, the worlds problems arent going to fix themselves up overnight, GOLD stocks are simply a BUY for an imminent rerating imo

September/October looking very good for a rerating to begin in gold stocks, those that sit back & think they will be able to buy gold stocks significantly cheaper will be the ones that chase the stocks higher when momentum starts to build, majority of gold stocks are well below there 12month highs when gold was $1300's, with gold now at $1900 the downside is limited & upside significant.

Gold stocks ready for a big rally just makes sense imo


Unless your Gold stock chart looks like this then it needs to rerate:

Now im going back to bed until it happens lol